Horizon Robotics-W (09660.HK) saw its stock price plummet by 5.13% during Tuesday's intraday trading session.

The sharp decline appears to be driven by investor concerns over potential share dilution following the company's announcement of a sizable share incentive plan grant. Horizon Robotics recently granted awards equivalent to approximately 59.2 million Class B ordinary shares to over 1,000 grantees under its post-IPO incentive plan, raising worries about earnings dilution despite positive product developments including the launch of its Starry 6 cabin-driving integrated chip.